In Short : Brookfield Asset Management is planning to divest its 550 MW solar project in Bikaner at an estimated valuation of ₹3,000 crore. The move reflects a strategic capital recycling approach amid strong investor demand for operational renewable assets. India’s growing clean energy market and stable returns are driving increased interest in large-scale solar […]
Brookfield Announces Sale of 1.6 GW of Renewable Assets in India to Gentari – EQ
Mumbai – Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, and its affiliates (“Brookfield”) today announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (“Gentari”), structured in two phases. The first phase, comprising the sale of 1 GW of operating assets, […]
Brookfield proposes massive investment in renewable energy sector in Andhra – EQ
In Short : Brookfield has proposed a significant investment in Andhra Pradesh’s renewable energy sector. This move is expected to boost the state’s green energy initiatives, potentially leading to increased capacity and infrastructure development. Brookfield’s investment reflects growing confidence in the region’s potential for renewable energy expansion. In Detail : Brookfield, a global owner and […]
Brookfield announces strategic investment in Leap Green Energy – EQ
In Short : Brookfield announces a strategic investment in Leap Green Energy. This move aims to bolster Leap Green’s renewable energy portfolio, enhancing its capacity and supporting sustainable growth in the renewable energy sector. In Detail : Canadian asset management firm Brookfield on Thursday announced an equity investment of $550 million in Leap Green Energy, […]
Brookfield eyes $5 bln for UAE-backed climate fund – EQ
In Short – Brookfield Asset Management is targeting $5 billion for a UAE-backed climate fund. This fund aims to invest in renewable energy projects and other sustainable initiatives globally, supporting the transition to a low-carbon economy. The collaboration underscores the growing commitment to addressing climate change through substantial financial investments in green technologies and infrastructure. […]
Petronas leads green tower charge at Brookfield with renewable energy – EQ
In Short : Petronas is spearheading the green tower initiative at Brookfield by utilizing renewable energy. This collaboration focuses on integrating sustainable energy solutions to enhance environmental performance and promote green building practices within Brookfield’s portfolio. In Detail : Reneable energy is a crucial aspect of sustainable development, and companies around the world are vying […]
Brookfield to invest $500m in India’s Leap Green Energy – EQ
In Short : Brookfield plans to invest $500 million in India’s Leap Green Energy. This significant investment will support the expansion of Leap Green Energy’s renewable energy portfolio, enhancing its capacity and contributing to India’s sustainable energy goals. In Detail : Canada-based Brookfield Asset Management is set to invest $500m for a controlling interest in […]
Brookfield commissions the 268 MWp capacity phase I of India’s largest C&I Park at Bikaner Rajasthan – EQ
Brookfield commissions the 268 MWp capacity phase I of India’s largest C&I Park at Bikaner Rajasthan Once complete the ISTS connected C&I dedicated park at Bikaner will generate 550 MWp capacity Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) today announced the successful commissioning of phase I of the country’s largest Inter State Transmission System […]
Brookfield forms a joint venture with Axis Energy Ventures to develop renewable energy projects – EQ
Mumbai : Brookfield and Axis Energy Ventures today announced their second joint venture partnership to establish a renewable energy development platform. Axis Energy Ventures will contribute their existing development pipeline of wind and solar power projects which are spread across the country and at various stages of development. Brookfield, through the Brookfield Global Transition Fund […]
Brookfield signs MoU with Reliance Industries for onshore renewable power and decarbonization equipment manufacturing in Australia – EQ Mag
Mumbai : Brookfield Asset Management has signed a Memorandum of Understanding (MoU) with Reliance Industries, a Fortune 500 company and India’s largest private sector enterprise, to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia. The MoU aims to both accelerate and de-risk Australia’s energy transition by enabling it to locally produce clean […]